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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: EarlyRetiree   😊 😞
Number: of 21944 
Subject: Some serious criticism of Todd Combs
Date: 09/24/24 5:38 AM
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No. of Recommendations: 20
reddit.com - Todd combs has ruined what was once spectacular

It looks like Todd is quite unpopular at Geico. Maybe just because he is cutting too many jobs, but there seem to be other issues as well which should at least be on our radar.

E.g. the fact that Geico is losing the battle with Progressive.

His investments have also performed below average. I especially point to the fact that he apparently was sucked into the tech bubble right at the worst time.

"He has now underperformed these broader indices going on in
private tech investing right before the recent profitless tech bubble burst, getting suckered in right at the top... he invested in Paytm in India for huge losses over a period of time when the broader markets were up a ton. His position in Nubank has generated relatively mediocre returns. He invested in the IPO of Snowflake - a sweetheart IPOallocation in the hottest thing in tech."

X (Twitter): CDM Capital on X: "Pretty epic takedown of Todd Combs. Lots of red flags pointing towards Berkshire. $BRK-A $BRK-B #value #buffett https://t.co/m6YDLJ7clb" / X

How can he manage $20B with the necessary care while turning around Geico and keep his board seats at JPM, Duracell, PCP?

Personally, I believe Buffett should provide more disclosure on the performance of his successors.

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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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